Life Insurance and Cancer Survivors

Advancements in science and medicine have made several types of cancers treatable in the early stages. This has resulted in a change in the way cancer survivors’ applications for life insurance are underwritten. Due to the availability of treatment and cure, the insurance companies have adjusted their prices accordingly.

It is important to work with insurance brokers who particularly have a thorough knowledge of various insurance plans and an approximate idea about the state of health that could be most suitable. In some cases, cancer survivors might qualify for a traditional life insurance. However, non-medical life insurance is a good way to get you insured in such a situation. Some of the insurance companies offering non-medical life insurance do need a few years of being cancer free. In some cases, it may just offer protection with a 2 year waiting period. However, in such a situation the policy could work as accidental death insurance and also as a return of premium plus interest if death occurs in the first two years.

Parkinson’s Disease is a progressive neurodegenerative disease, primarily affecting voluntary, controlled movement. It results from the loss of cells in a part of the brain called the substantia nigra. These cells are responsible for producing the neurotransmitter chemical, dopamine, which acts as a messenger between the cells of the brain that control the body’s movements…

High blood pressure can impact your life insurance premiums but insurance can be available if it is generally under control by medication and lifestyle. Please do not expect preferred and elite rates when you have high blood pressure as that would be hard to get. Those rates come only when health is excellent and so is family medical history. Life insurance is generally denied if your blood pressure is not under control or when it is clubbed with another serious health condition…

There has been a dramatic change in the Canadian Life Insurance market for seniors. Cost of insurance ( ie. Premiums) has gone down, however underwriting has become very detailed where certain risk factors pertaining to illness, lifestyle and travel are closely examined and reviewed…

Buying a life insurance policy often comes with quite a bit of paperwork, and one of those forms asks questions about your medical history. You have to fill out these forms if you want to qualify for the life insurance policy. However, some people aren’t going to qualify for these policies because of their medical history or condition, and this can jeopardize their family’s financial security in the event of their death. It might seem like all hope is lost, but it’s not! You have the option of non medical life insurance that don’t require a medical exam…